AEROGEL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

The Global Aerogel Market is estimated to be valued at USD 1.33 Bn in 2025 and is expected to reach USD 3.71 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 15.8% from 2025 to 2032. The global aerogel market represents one of the most promising segments within the advanced materials industry, driven by the exceptional properties of aerogels as ultra-lightweight, highly porous materials with remarkable thermal insulation capabilities. Often referred to as "frozen smoke" due to their translucent appearance and extremely low density, aerogels are composed of up to 99.8% air by volume while maintaining solid structural integrity.

Market Dynamics

The global aerogel market is primarily driven by escalating demand for superior thermal insulation materials across the construction and industrial sectors, where energy efficiency regulations and sustainability mandates are becoming increasingly stringent. The construction industry's shift toward green building practices and zero-energy buildings has significantly boosted aerogel adoption for wall insulation, roofing systems, and HVAC applications due to their exceptional thermal performance and space-saving characteristics.

Additionally, the oil and gas sector's requirement for high-performance insulation in pipelines, subsea applications, and LNG facilities continues to drive substantial market growth, particularly as operations expand into extreme environments where conventional insulation materials prove inadequate.

Key Features of the Study

• This report provides in-depth analysis of the global aerogel market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global aerogel market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Aspen Aerogels, Inc., Cabot Corporation, BASF SE, Dow Inc., Aerogel Technologies, LLC, Greene Tweed, BASF SE, Nanoledge, Armacell International S.A., Insulon, LLC, Jios Aerogel, Thomas Swan & Co. Ltd., Gelsystems, LLC, AeroAggregates, and SABIC
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global aerogel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aerogel market

Market Segmentation

• Product Insights (Revenue, USD Bn, 2020 - 2032)
  • Silica
  • Polymers
  • Carbon
  • Others
• Technology Insights (Revenue, USD Bn, 2020 - 2032)
  • Supercritical Drying
  • Others
• Form Insights (Revenue, USD Bn, 2020 - 2032)
  • Blanket
  • Particle
  • Panel
  • Monolith
• End-use Industry Insights (Revenue, USD Bn, 2020 - 2032)
  • Oil & Gas
  • Building & Construction
  • Automotive, Aerospace & Marine
  • Performance Coatings
  • Others
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Aspen Aerogels, Inc.
  • Cabot Corporation
  • BASF SE
  • Dow Inc.
  • Aerogel Technologies, LLC
  • Greene Tweed
  • BASF SE
  • Nanoledge
  • Armacell International S.A.
  • Insulon, LLC
  • Jios Aerogel
  • Thomas Swan & Co. Ltd.
  • Gelsystems, LLC
  • AeroAggregates
  • SABIC